Key takeaways Global risk appetite surged on US–Iran peace hopes: Reports of a potential peace memorandum between the US and Iran drove a sharp rally in global equities and a steep decline in oil prices, Read more…
Key Highlights Bitcoin started a fresh increase above $78,000 and $80,000. A bullish trend line is forming with support at $80,200 on the 4-hour chart of BTC/USD. Ethereum remained in a range below $2,400. Gold Read more…
BoC Governor Tiff Macklem delivered a clear warning that the Bank of Canada is becoming increasingly uncomfortable with the inflation risks created by the Middle East conflict. While policymakers are still willing to “look through” Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal A new piece of furniture or Read more…
Chicago Fed President Austan Goolsbee said the Iran conflict is increasingly behaving as an inflationary shock rather than a stagflationary one, a distinction that carries important implications for monetary policy. Speaking after attending the Milken Read more…
Bitcoin remains decidedly bullish, holding firm above the key $80,000 psychological support level. The price is in a corrective phase after peaking near $82,800 and is currently testing short-term support levels. A close above $82,133 Read more…
Copper and other metals are exploding higher from the elevated hopes of a conflict resolution Profiting from the tumble in the US Dollar, the Metal is retesting its early April highs and looks to break Read more…
The dollar came under increased pressure on Wednesday after fresh wave of optimism about a possible end of US-Iran war deflated safe-haven demand. The dollar index, which tracks the performance of Greenback against its six Read more…
Platinum: ⬆️ Buy Platinum reversed from support zone Likely to rise to resistance level 2140.00 Platinum recently reversed up from the support zone between the pivotal support level 1800.00 (former multi-month low from February), lower Read more…
S&P 500: ⬆️ Buy S&P 500 reversed from support level 7200.00 Likely to rise to resistance level 7400.00 S&P 500 index recently reversed up from the support level 7200.00 (former resistance from the end of Read more…